Trulioo, the leading global identity verification company, today announced that its GlobalGateway EmbedID low code identity verification solution was awarded best B2B Solution during the 2020 RemTECH Awards.
“We are honored that our low code hosted solution, EmbedID, is being recognized for providing the right tools to help businesses mitigate risk and prevent fraud,” said Rutherford Wilson, VP of Emerging Technology at Trulioo. “It goes without saying that fraudsters are always looking for new targets and the current pandemic has only spiked more sophisticated attacks. EmbedID offers a holistic approach that takes into consideration the user and the level of risk presented based on AI, behavior, data and most importantly fraud signals, all through a snippet of code.”
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We are honored that our low code hosted solution, EmbedID, is being recognized for providing the right tools to help businesses mitigate risk and prevent fraud” – Rutherford Wilson, VP of Emerging Technology at Trulioo.
Launched earlier this year, EmbedID was designed to help businesses detect fraud by applying a layered, risk-based approach during the account creation process. With EmbedID, businesses have the ability to quickly and easily customize their identity verification and document verification workflows to meet specific business requirements and use cases.
Preconfigured to GlobalGateway – the world’s largest marketplace of reliable and independent data sources, businesses have access to modern technologies to detect fraud at various customer touchpoints. By combining this capability with a bank-grade identity verification program, businesses are able to effectively streamline identity verification processes in order to prevent fraud, while increasing trust and safety.
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The RemTECH Awards celebrate the organizations, collectives and individuals transforming the financial industry with innovative and creative ideas. The awards foster an environment of collaboration to streamline cross-border money transfers and better serve the migrants, expats and businesses who rely on them.
The B2B category recognizes a new product, service or judicious idea offered by a Remittance Service Provider (RSP) on a remittance chain (origin, destination, aggregation, etc.) that is innovative, more efficient, faster, less costly or a great overall benefit to the provision of remittance.
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